Cairo – Mubasher: Alexandria Mineral Oils (AMOC) reported a 12% increase in its profits for first quarter of the fiscal year 2016/17, according to the unaudited financial results.
Q1 Net profit reached EGP 84.8 million by the end of September 2016, compared with EGP 75.9 million for the year-ago period, the company said Sunday in a bourse filing.
Last year, the company registered EGP 435.4 million profits, higher 28% year-on-year from EGP 340.2 million.
